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Arrow Hospitality prepares adjustments monthly and showed the following at September 3 0 , 2 0 2 3 :Arrow Hospitality prepares adjustments monthly and showed
Arrow Hospitality prepares adjustments monthly and showed the following at September :Arrow Hospitality prepares adjustments monthly and showed the following at September :
Additional information available for the month ended September :
a Interest of $ had accrued on the notes payable for the month of September.
b The office furniture was acquired on September and has an estimated fouryear life. The furniture will be sold for about
$ at the end of its fouryear life.
c A count of the Repair Supplies revealed a balance on hand of $
d A review of the Prepaid Rent account showed that $ had been used during September.
e Accrued wages of $ had not been recorded at monthend.
f The September Internet bill for $ had been received and must be paid by October
g Accrued revenues of $ were not recorded at September
Additional information available for the month ended September :
a Interest of $ had accrued on the notes payable for the month of September.
b The office furniture was acquired on September and has an estimated fouryear life. The furniture will be sold for about
$ at the end of its fouryear life.
c A count of the Repair Supplies revealed a balance on hand of $
d A review of the Prepaid Rent account showed that $ had been used during September.
e Accrued wages of $ had not been recorded at monthend.
f The September Internet bill for $ had been received and must be paid by October
g Accrued revenues of $ were not recorded at September
Required:
Complete the adjusted trial balance by including the adjusting entries.
a Prepare an income statement based on the adjusted trial balance completed in Part
b Prepare a statement of changes in equity based on the adjusted trial balance completed in Part Assume that the owner, Eli Arrow, made an investment during September of $
c Prepare a balance sheet based on the adjusted trial balance completed in Part Assume that the owner, Eli Arrow, made an investment during September of $
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